Round the Clock Acquisitions 29-January 2008

January 29th, 2008 at 12:00 am


Ah yes, the early week brings fortune.  In light of the slumping US economy which even lead Steve Jobs to quiver in his sneakers, VC fundings are still pouring in.

Moreover, European and a Turkish startup have closed some great deals and seem to be going strong  with new cash influx.


XAware, an open-source data integration developer, announced Tuesday that it raised a $7.4 million third round of funding.

Interface21, which now goes by SpringSource, is looking to add a little bounce to its business by buying fellow open-source company Covalent Technologies.

Yonja Inc ., a Turkish online social network, has raised $12.5 million in Series A funding, according to a regulatory filing. Backers include Greywolf Capital Partners and Tiger Global Management.

Mainstream Holdings Inc., a West Palm Beach, Fla.-based social media startup formed by former E*Trade CEO Christos Cotsakos, has raised $29.6 million in VC funding. Backers include Home Depot co-founders Bernard Marcus and Kenneth Langone, and Vantis Capital Management’s Steven Holzman.

Visible Measures Corp., a Boston-based company that measures the behavior of online video audiences, has raised $13.5 million in Series B funding. Mohr Davidow Ventures led the deal, and was joined by return backer General Catalyst Partners.

Mig33, a Burlingame, Calif.-based mobile social network, has raised $13.5 million in Series B funding. DCM led the round, and was joined by return backers Accel Partners, Redpoint Ventures and Technology Venture Partners. The company had raised a $10 million Series A round last May.

StyleFeeder, a Cambridge, Mass.-based personal shopping engine, has raised $2 million in Series A funding from Highland Capital Partners and Schooner Capital. The company’s application has been used by more than half a million Facebook users.

ShoZu Inc., a UK-based provider of solutions for exchanging content between mobile phones and Web-based social media sites, has raised $12 million in Series C funding. SEB Venture Capital led the round, and was joined by return backers Atlas Venture, Crescendo Ventures and TTP Ventures.


Thanks to PEHub, GigaOm, Mashable, Webware and TechCrunch.